Supreme Court stops FG from ceding 17 oil wells to Imo | The Guardian Nigeria News - Nigeria and World News - News Summed Up

Supreme Court stops FG from ceding 17 oil wells to Imo | The Guardian Nigeria News - Nigeria and World News


The Supreme Court has granted an order of injunction restraining the Federal Government from ceding 17 disputed oil wells located at Akri and Mbede in Rivers to Imo. He prayed the court to stop the alleged implementation of the ceding of the 17 oil wells to Imo pending the determination of the suit filed by the Rivers government. The letter is said to have cancelled the equal sharing of proceeds from the 17 oil wells by Rivers and Imo. The Rivers government dragged the AGF and the Attorney -General of Imo to the Supreme Court over disagreement on boundaries. This, it said should include earnings due to it from revenue derived from Akri and Mbede oil wells.


Source: The Guardian July 14, 2021 14:37 UTC



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